Silicon Valley Bank

Light pays out of your Silicon Valley Bank accounts and reads the statements back. Payment files leave Light in the format Silicon Valley Bank expects and the statement returns to the same ledger line, so nobody is uploading a payment file by hand or ticking off a bank statement at month end.

The format behind this entry is maintained and updated as Silicon Valley Bank changes it, so a format change is never your project.

1. 01Pay suppliers, staff and tax from Silicon Valley Bank in United States.
2. 02Domestic account to account, Domestic account to account high value, Int. Payment — 3 payment types in all.
3. 03Connects over Encrypted file exchange (PGP).
4. 04Every payment carries its ledger reference, so the statement reconciles itself.